143
submitted 3 months ago by [email protected] to c/[email protected]

The FTC uncovered a series of texts between Pioneer Natural Resources CEO Scott Sheffield and OPEC officials agreeing to limit oil production to raise prices.

They raked in huge profits, while their scheme cost consumers $200 billion a year in higher prices.

That’s about $3000 a year per family.

you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 30 points 3 months ago

Well... OPEC is literally a cartel created to do exactly that.

[-] [email protected] 12 points 3 months ago

Yes, but this is American Cartels. We can have them, too, and ours are better! 😡

[-] [email protected] 14 points 3 months ago

Oligarchs come from the beet patches of Russia, otherwise it's sparkling billionaires

[-] [email protected] 5 points 3 months ago

With blackjack and hookers!

this post was submitted on 29 May 2024
143 points (97.4% liked)

United States | News & Politics

7120 readers
618 users here now

founded 4 years ago
MODERATORS